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20110717
20110717
Search Results 0 to 2 of about 3 (some duplicates have been removed)
have to go to war in afghanistan and iraq. and that means we're going to have to spend billions of dollars that we hadn't accounted for. if we had a balanced budget amendment, we wouldn't have been able to do that without raising taxes significantly. there's no way we could have cut spending quickly enough to be able to finance going to war. so there are some contingencies that make a balanced budget something that we should think twice about. you know, there's another great saying, be careful what you wish for. and we don't want to get ourselves in that hole. but if we had a federal capital budget, which would allow us to do our long-term investing offline, not on the operating budget, it might be something to be considered. but not now and not for politics. and it doesn't have anything to do with the short-term problem of getting ourselves out of the deficit. if we had a balanced budget amendment that passed in the next two years, we'd have to make massive cuts and huge tax increases to balance the budget in year three. there's no other way we could do it. >> governor, a quick
in iraq and afghanistan. >> i speak out against the size of the u.s. military budget. we're spenting like 17 times as much as russia and china, and i think it's crazy. we have troops in 65 countries and bases all over the world. what do you think we are, the british empire 200 years ago? i mean, we don't make money off of that, and then they do better without us there. the last war we won was against japan. [applause] >> i'm it is true, you did speak out on it, but a lot of corporate executives, even when they are retired, not just corporate exec ties, but not one in the last election, i can't remember one other than from ohio -- >> that's your home state. >> i like him. the names are hard to pronounce. [laughter] but i think he was the one who spoke out against the size of the military budget. nobody spoke out against it. it's to the military industrial complex like eisenhower warned years ago has taken over the country basically. >> not just the military budget. you got retired, very wealthy business people. no one's going to be able to do anything to them. >> they got successful becaus
Search Results 0 to 2 of about 3 (some duplicates have been removed)